The federal reserve is expected to release today's meeting minutes at 2 P.M. Eastern.
Here are the details.
Everyone's closely watching the FED.
We're still in the midst of high inflation.
Companies like Walmart Inc. (NYSE: WMT) send warning signs of high prices and pressured consumers.
Read more about that story here.
And officials like James Bullard, St.Louis Federal Reserve President, are advocating for more interest rate hikes.
"Our risk now is inflation doesn't come down and reaccelerates, and then what do you do? We are going to have to react, and if inflation doesn't start to come down, you know, you risk this replay of the 1970s ... and you don't want to get into that. Let's be sharp now, let's get inflation under control in 2023."
James Bullard
There's still some time before the minutes come out.
Understand the catalyst at play and wait for the market to choose a direction.
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